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Canada stocks lower at close of trade; S&P/TSX Composite down 0.25%

by October 7, 2024
written by October 7, 2024

Investing.com – Canada stocks were lower after the close on Monday, as losses in the Utilities, Healthcare and IT sectors led shares lower.

At the close in Toronto, the S&P/TSX Composite fell 0.25%.

The best performers of the session on the S&P/TSX Composite were Canadian Natural Resources Ltd (TSX:CNQ), which rose 3.30% or 1.59 points to trade at 49.81 at the close. Meanwhile, MDA Ltd (TSX:MDA) added 3.12% or 0.60 points to end at 19.81 and Imperial Oil Ltd (TSX:IMO) was up 3.04% or 3.19 points to 107.98 in late trade.

The worst performers of the session were IAMGold Corporation (TSX:IMG), which fell 9.50% or 0.65 points to trade at 6.19 at the close. Fortuna Mining Corp (TSX:FVI) declined 8.57% or 0.57 points to end at 6.08 and Emera Incorporated (TSX:EMA) was down 4.97% or 2.59 points to 49.55.

Falling stocks outnumbered advancing ones on the Toronto Stock Exchange by 549 to 397 and 94 ended unchanged.

Shares in MDA Ltd (TSX:MDA) rose to all time highs; rising 3.12% or 0.60 to 19.81. Shares in Imperial Oil Ltd (TSX:IMO) rose to all time highs; up 3.04% or 3.19 to 107.98.

The S&P/TSX 60 VIX, which measures the implied volatility of S&P/TSX Composite options, was up 2.62% to 10.97.

Gold Futures for December delivery was down 0.22% or 5.80 to $2,662.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 3.91% or 2.91 to hit $77.29 a barrel, while the December Brent oil contract rose 3.86% or 3.01 to trade at $81.06 a barrel.

CAD/USD was unchanged 0.38% to 0.73, while CAD/EUR unchanged 0.42% to 0.67.

The US Dollar Index Futures was down 0.02% at 102.26.

This post appeared first on investing.com
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